Graphite Wire Ltd,Ltd - Accounts

GRAPHITE WIRE LIMITED - Company Information

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Graphite Wire Ltd

For the year ended 28 March 2015

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 06192998

Contents Page

Graphite Wire Ltd

For the year ended 28 March 2015

Accountants' Report

Balance Sheet

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Notes to the Abbreviated Financial Statements

Accountants' Report

For the year ended 28 March 2015

Graphite Wire Ltd

As described on the balance sheet you are responsible for the preparation of the financial statements for the year

ended 28 March 2015 and you consider that the company is exempt from an audit under the Companies Act 2006.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you

to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

williams lester accountants ltd

3 Cwrt Y Parc

Earlswood Road

Llanishen

Cardiff

CF14 5GH

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Abbreviated Balance Sheet

Graphite Wire Ltd

As at 28 March 2015

06192998

Registered Number :

2015

Notes

2014

Current assets

Debtors

803

Cash at bank and in hand

14,583

14,404

15,386

14,404

Creditors: amounts falling due within one year

(10,780)

(11,594)

3,624

3,792

Net current assets

Total assets less current liabilities

3,792

3,624

3,792

Net assets

3,624

Capital and reserves

Called up share capital

Profit and loss account

3,791

3,623

3,792

3,624

Shareholders funds

For the year ended 28 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Date approved by the board: 16 October 2015

Simon Kensington Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

For the year ended 28 March 2015

Graphite Wire Ltd

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

20% Reducing balance

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

829

At 29 March 2014

At 28 March 2015

829

Depreciation

829

At 29 March 2014

829

At 28 March 2015

Net book values

At 28 March 2015

At 28 March 2014

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Notes to the Abbreviated Financial Statements

For the year ended 28 March 2015

Graphite Wire Ltd

3 Share capital

Allotted called up and fully paid

2015

2014

1 Ordinary shares of £1.00 each

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